Once upon a time in the world of development finance, it was assumed that simply investing in developing economies was enough—that the flow…
Manufacturing jobs, once the backbone of the modern US economy, have declined as a share of GDP over recent decades, darkening…
The future of developing countries lies in services. Enhancing productivity in labor-absorbing services in particular must be an essential…
This chapter draws attention to the potential of safeguards in a system with a variable geometry. Section 1 considers the benefits from…
Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
Efforts to reduce global greenhouse-gas emissions must overcome the free-rider problem, and carbon border adjustment measures are the most…
Using Fontana et al.’s (2019) database, we analyze levels and trends in the global distribution of authorship in economics journals,…
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Economic growth is associated with the diversification of economic activities, which can be observed via the evolution of product export…
• The COVID-19 pandemic has placed unprecedented strain on public finances across developing countries. Large fiscal responses and weak…